Executive Summary
One of the core products that enables port operation dexterity is terminal operating systems (TOS). They are a type of enterprise resource planning (ERP) solution. The TOS market includes software or software services in the operation of port terminals. Not to be confused with other port management technology, TOS maximises the efficiency of critical
activities, such as labour allocation, equipment utilisation, and land usage. Aimed at stakeholders assessing the viability of investment, this report provides an overview of the key market information and an outlook up to 2027.
The market comprises of three parts: terminal operating system products, optimisation modules, and value-added services. There are around 20 established TOS within the market owned by 17 commercial organisations. Only 12% of those are startups and 12% are scaleups. 47% are SMEs which evidence the growth of those organisations and the level
of maturity of the technology for the core TOS products. Large corporate companies make up the remaining 29% but have the lion’s share of market spending.
Earlier this year, Accel-KKR, which owns Navis, announced a merger with leading supply chain provider Kaleris. Konecranes and Cargotec dropped their plans to merge, however, after the UK Competition & Markets Authority (CMA) blocked them. These two cases show the growth of the core TOS market will mainly be through adoption in developing
countries. It also shows that the market is poised to expand into neighbouring business verticals like the logistics and supply chain sector.
Based on insights from our intelligence platform, we estimate that the current (2022) TOS market is worth $521.20 million, growing to be $575.45 by 2027. While we estimate that the port technology market will experience a CAGR of 6% because of the maturity of the technology, we calculated a more modest CAGR of 2% to the TOS market forecast.
Introduction
Port terminals use enterprise resource planning (ERP) solutions to manage the movement of cargo. These are terminal operating systems (TOS). The TOS market includes software or software services in the operation of port terminals and is not to be confused with other port management technology, such as port community or marine traffic management products. Originally developed for containers, some TOS help facilitate the movement of bulk cargoes too. All of them are designed to maximise the efficiency of critical operations, such as labour allocation, equipment utilisation, and land usage.
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